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Browsing MHRM by Author "Aman Saleem (S2020277011) Farhan Rana (S2020277008) Madiha M. Akram (S2020277013)"

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    EXPLORING THE CAUSES OF TURNOVER RATE IN US APPAREL & TEXTILES COMPANY
    (UMT,LAHORE, 2022) Aman Saleem (S2020277011) Farhan Rana (S2020277008) Madiha M. Akram (S2020277013)
    The main purpose of our study is to explore the causes of employee turnover intention at US Apparel & Textile company, which is a leading manufacturing company that was started by two friends Mian Ahsan and Javed Bhatti in 1975 and they built their first factory in 1985. US Apparel & Textiles is the preferred choice of fashion professionals worldwide as a reliable denim and jeans manufacturer, designed for a purpose more than 20,000 employees, and an annual capacity to produce 29 million and 36 million meters’ cloth. Headquartered in Lahore, Pakistan, with 7 garment factories state of the art milling machines, it has a worldwide history in major fashion centers such as London, New York, Istanbul. According to the policy of US Group company the turnover rate should be between 3% to 4% annually but the actually turnover rate of 2022 was 10% and of 2021 was 12 %, due to which the company has to face different tangible and intangible costs.